6 Planning Responses to Project Risks Online Quiz Questions

A planned activity creates a threat to a project objective. The team changes its approach so that this threat can no longer affect the project. Which threat response strategy is it using?

True or false: Accepting a threat means the team has deliberately chosen not to take proactive action beyond monitoring, or has prepared a contingency response.

After a planned response has been carried out, the team reassesses the exposure that remains. What is this remaining exposure called?

A team cannot eliminate a threat, but it plans actions to reduce the likelihood of the threat occurring. Which threat response strategy is this?

Which statements correctly describe the trigger, contingency, residual risk, and secondary risks that a response plan should address? Select all that apply.

True or false: Once a team selects a response strategy, the response is complete even if its actions have not been added to project plans or resourced.

A project team wants to increase the chance of receiving a potential benefit but does not plan to make the opportunity certain. Which opportunity response strategy fits?

Select all the practices that support integrating approved response work into project plans and budgets.

A risk is outside the project team's authority and scope, so the matter must be raised to an appropriate organizational level for a decision. Which response category does the material identify for this situation?

A planned risk response would change an approved project baseline. What should the team do before incorporating that change?

A project depends on migrating customer records, and poor-quality legacy data could cause migration failures. Propose a response plan for this threat. Include the strategy, actions, ownership and timing, a trigger and contingency, how remaining or newly created risks will be handled, and how approved response work will be integrated into project plans and budgets.

A project team cannot eliminate a threat, but it can reduce the chance of occurrence by testing a component earlier. Which response strategy does this describe?

A project team that accepts a threat may still monitor it or prepare a contingency response.

A project manager identifies a risk that requires a decision beyond the project's delegated authority. What is the most appropriate next step?

After a team completes its planned response to a threat, some exposure remains and must be reassessed and assigned an owner. What is this remaining exposure called?

A team assigns one person to monitor a priority risk and coordinate its response, and another person to complete a specific data-profiling task. Which description correctly distinguishes these roles?

A response plan specifies that a missed supplier milestone will prompt a schedule fallback. What role does the missed milestone play in the plan?

A response plan defines a fallback action to take if a threat occurs. What is this planned fallback called?